BlackRock BUIDL Fund Reaches Nearly $2 Billion

According to BlockBeats, on-chain data reveals that the BlackRock BUIDL Fund has grown to $1,949,833,444, with an increase of over $14 million in the past week. Over the last 30 days, the fund has seen a rise of 191.71%. The fund currently has 60 holders, targeting institutional investors with a minimum investment threshold of $5 million. The annual percentage yield (APY) is reported at 4.50%, and the management fee ranges from 0.20% to 0.50%.